Cement News tagged under: Australia
James Hardie Industries posts record results17 May 2023, Published under Cement NewsJames Hardie Industries has announced record global net sales of US$3777.1m for the fiscal year 2023, ending 31 March 2023, up four per cent YoY. Adjusted EBIT over the same period declined four per cent to US$779.8m with the adjusted EBIT margin falling two percentage points to 20.6 per cent. Operating cash flow generation of US$607.6m in fiscal year 2023 was driven by profitable organic sales growth, partially offset by an increase in working capital. Working capital advanced by US$101.... |
Adbri raises cost of Kwinana project again28 April 2023, Published under Cement NewsAdbri Ltd has confirmed that its Kwinana upgrade has risen in cost once again as inflationary pressures continue to hamper the project. The total project cost is now estimated at AUD385-420m (US$254-278m). According to the company, this has been driven by the escalating cost of construction, constraints on available labour and supply chain challenges. Furthermore, as the final design details of the purchased equipment have now been completed, structural and piping quantities have ... |
Adbri appoints acting chief financial officer21 March 2023, Published under Cement NewsAdbri Ltd has appointed Dianne Mong to the role of acting chief financial officer, effective immediately. Ms Mong was previously general manager finance. She has been with Adbri since April 2022 and has more than 20 years’ experience across the professional services, property and telecommunications sectors, with expertise in financial control, taxation and treasury. During her time at Adbri, she has managed all areas of the group’s finance function. Ms Mong previously held senior fina... |
Cockburn Cement fined for odour breaches10 March 2023, Published under Cement NewsCockburn Cement Ltd (CCL) has been fined AUD290,000 (US$191,000) for odour breaches from its Munster cement plant, according to the Government of Western Australia. The company was charged with six counts of causing unreasonable odour between January and April 2019, contravening the Environmental Protection Act 1986. The company pleaded not guilty to the charges. According to the witnesses involved in the case, there was evidence that the odour could be detected up to 8km from the pl... |
FCT's latest equipment deliveries and commissioned projects06 March 2023, Published under Cement NewsFCT has recently completed a wide range of projects for the global cement industry for kiln burners and hit gas generators. Australasia FCT conducted a heat and mass balance of the 4200tpd cement kiln firing natural gas and alternative fuels at Adbri Ltd ’s Birkenhead cement plant , Australia. Europe A hot gas generator with accessories and control system has been commissioned by FCT at Cimenterie CBR , Lixhe, Belgium. The hot gas will be used to preheat raw material a... |
Adbri successfully navigates challenging year03 March 2023, Published under Cement NewsAustralia-based Adbri released its 2022 financial results this week and reported a YoY revenue increase of 8.4 per cent to AUD1.7bn (US$1142m). While the building materials producer celebrated 140 years of being in business last year, it turned out to be one of the most challenging years for the company with inflationary pressures and wet weather events. However, Adbri's sustainability path progressed and it was linked to the company's Net Zero Emissions Roadmap (NZER) from May 2022, while i... |
Adbri reports 8% rise in revenue in 202228 February 2023, Published under Cement NewsAdbri has reported an 8.4 per cent YoY increase in revenue in 2022 to AUD1.7bn (US$1142m), driven by price increases and volume growth across most product lines. Statutory net profit after tax came in at AUD102.6m, down from AUD116.7m in the previous year, due to higher operating costs as a result of inflation, particularly energy costs and wet weather events. Capital expenditure in 2022 stood at AUD255.1m, up from AUD140.5m in the previous year, due to the spend on the Kwinana Upgrade p... |
Bedeschi opens Australian subsidiary17 February 2023, Published under Cement NewsBulk material handling specialist, Bedeschi has announced the opening of its new subsidiary in Australia. With its head office in Perth and satellite offices in Port Hedland and Brisbane, Bedeschi Australia Pty Ltd will effectively serve its customers in the mining, port and agricultural Industries with a very experienced and well-known team in the market. Uwe Zulehner will act as the CEO of the new subsidiary and is based in Perth. Over many decades, the Italian-based Bedeschi Group h... |
Boral reports 12% advance in revenue10 February 2023, Published under Cement NewsBoral has reported revenue of AUD1681.1m (US$1172.8m) in the six months ended 31 December 2022, marking a 12 per cent increase YoY. According to the company, this has been driven by higher volumes and prices. EBIT over the same period advanced by 15 per cent to AUD95.3m, while the EBIT margin was up 20bps to 5.7 per cent. Underlying net profit after tax (NPAT) grew by 53 per cent YoY to AUD56.8m, with adjusted earnings per share (EPS) coming in at 5.1 cents , up 50 per cent on the sam... |
Hallett Construction Materials awards ball mill grinding order03 February 2023, Published under Cement NewsAustralian construction materials supplier Hallett Construction Materials Pty Ltd has award the contract for a complete grinding circuit at its Port Augusta cement plant in South Australia to Christian Pfeiffer. The grinding system includes a 5.0m diameter x 16.25m ball mill and a QDK T 250-Z high-efficiency sepator as core equipment, along with auxiliary equipment and conveying systems. The grinding unit will produce 84tph slag cement that will be used for refilling of old mining stocks.... |